Can I retire at age 75 with 2,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$232,047$229,980$227,964$225,995$224,073$220,543
2 years$114,875$112,735$110,662$108,652$106,702$103,154
3 years$75,822$73,674$71,606$69,614$67,696$64,241
4 years$56,300$54,158$52,111$50,153$48,281$44,946
5 years$44,590$42,461$40,440$38,522$36,703$33,497
6 years$36,785$34,672$32,681$30,807$29,042$25,969
7 years$31,213$29,118$27,158$25,328$23,619$20,680
8 years$27,036$24,959$23,033$21,247$19,594$16,789
9 years$23,788$21,732$19,838$18,098$16,501$13,828
10 years$21,192$19,155$17,295$15,600$14,060$11,517
11 years$19,069$17,053$15,226$13,577$12,092$9,676
12 years$17,301$15,306$13,513$11,909$10,478$8,187
13 years$15,807$13,832$12,073$10,514$9,137$6,967
14 years$14,527$12,573$10,848$9,333$8,010$5,957
15 years$13,418$11,485$9,794$8,323$7,052$5,113
16 years$12,449$10,538$8,880$7,453$6,233$4,403
17 years$11,595$9,705$8,080$6,696$5,527$3,803
18 years$10,837$8,968$7,376$6,035$4,914$3,292
19 years$10,159$8,311$6,752$5,453$4,380$2,855
20 years$9,550$7,723$6,197$4,938$3,912$2,481
21 years$9,000$7,194$5,700$4,482$3,501$2,158
22 years$8,500$6,715$5,254$4,075$3,138$1,881
23 years$8,045$6,281$4,851$3,711$2,817$1,640
24 years$7,628$5,884$4,486$3,385$2,532$1,432
25 years$7,245$5,522$4,155$3,091$2,278$1,251
26 years$6,892$5,190$3,854$2,827$2,052$1,094
27 years$6,565$4,884$3,578$2,587$1,850$957
28 years$6,263$4,603$3,327$2,370$1,670$838
29 years$5,982$4,342$3,096$2,174$1,508$734
30 years$5,720$4,101$2,883$1,995$1,362$643
31 years$5,475$3,876$2,688$1,832$1,232$564
32 years$5,247$3,668$2,508$1,684$1,114$494
33 years$5,032$3,474$2,342$1,548$1,008$433
34 years$4,831$3,292$2,188$1,425$913$380
35 years$4,641$3,123$2,046$1,312$827$334
36 years$4,463$2,964$1,914$1,208$749$293
37 years$4,294$2,815$1,791$1,113$679$257
38 years$4,135$2,675$1,677$1,026$616$226
39 years$3,985$2,544$1,572$946$558$198
40 years$3,842$2,420$1,473$872$506$174
41 years$3,706$2,304$1,381$805$459$153
42 years$3,578$2,194$1,296$743$417$134
43 years$3,455$2,090$1,216$686$378$118
44 years$3,339$1,993$1,141$633$343$103
45 years$3,228$1,900$1,072$585$312$91
46 years$3,122$1,813$1,006$540$283$80
47 years$3,021$1,730$946$499$257$70
48 years$2,924$1,651$889$461$233$62
49 years$2,832$1,577$835$426$212$54
50 years$2,744$1,506$785$394$193$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,810,000, adding $6,254 every year, while hoping to spend $57,762 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 81/7/12 Blend
74$2,810,000$2,810,000$2,810,000$2,810,000
75$3,103,071$2,954,141$2,910,586$3,347,176
76$3,358,126$3,037,436$2,946,632$3,591,546
77$3,637,261$3,122,876$2,981,950$3,851,536
78$3,942,870$3,210,505$3,016,454$4,135,222
79$4,277,592$3,300,369$3,050,055$4,444,953
80$4,644,330$3,392,512$3,082,656$4,783,312
81$5,046,285$3,486,977$3,114,157$5,153,145
82$5,486,978$3,583,811$3,144,454$5,557,588
83$5,970,289$3,683,058$3,173,433$6,000,094
84$6,500,494$3,784,763$3,200,978$6,484,466
85$7,082,298$3,888,970$3,226,964$7,014,894
86$7,720,887$3,995,724$3,251,262$7,595,994
87$8,421,972$4,105,069$3,273,734$8,232,850
88$9,191,844$4,217,048$3,294,235$8,931,064
89$10,037,435$4,331,706$3,312,615$9,696,807
90$10,966,379$4,449,086$3,328,713$10,536,878
91$11,987,086$4,569,228$3,342,362$11,458,765
92$13,108,823$4,692,174$3,353,385$12,470,723
93$14,341,797$4,817,965$3,361,598$13,581,842
94$15,697,255$4,946,639$3,366,805$14,802,141
95$17,187,586$5,078,236$3,368,805$16,142,656
96$18,826,441$5,212,791$3,367,381$17,615,549
97$20,628,860$5,350,339$3,362,310$19,234,219
98$22,611,412$5,490,914$3,353,355$21,013,431
99$24,792,354$5,634,547$3,340,271$22,969,453
100$27,191,802$5,781,267$3,322,797$25,120,211